06-02-2023 11:42 AM | Source: Kedia Advisory
Buy Silver Jul 2023 @ 72000 SL 71200 TGT 72800-73400. MCX - Kedia Advisory
Silver
Observations
Silver trading range for the day is 70640-73680
Silver gains as traders reassessed the US Federal Reserve’s interest rate outlook.
However, remarks from some Fed officials suggested the Fed could pause rate hikes this month.
The ISM Manufacturing PMI in the United States fell to 46.9 in May of 2023 from 47.1 in April
Around 71% of investors continue to expect borrowing costs to be left steady.
BUY SILVER Jul 2023 @ 72000 SL 71200 TGT 72800-73400. MCX
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